Regulatory Alerts2024-02-20
Added · Updated
Explanatory Memorandum on Proposed Amendments to Pension Fund Regulations
The Namibia Financial Institutions Supervisory Authority proposes amendments to the Pension Funds Act regulations that modernize registration forms, standardize financial reporting, and significantly revise investment limits. The updated framework explicitly accommodates derivatives, hedge funds, and private equity while adjusting prudential caps for unlisted investments and mandating higher domestic asset allocations. These regulatory changes enhance portfolio diversification, mitigate concentration and currency risks, and align Namibian pension fund operations with regional standards and evolving financial markets.
Share